Evergrande Debt Crisis
The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt because of a. Contagion could spread to markets.
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Snowed under its crushing debt of 300 billion Evergrande is so huge that the fallout from any failure could hurt not just Chinas economy.
Evergrande debt crisis. Chinas potential debt crisis explained. It may default which would impact countries everywhere. Evergrande is a Chinese real estate giant with more than 300 billion in debt.
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